Ag News

Warm weather will continue a gradual southeastward shift, with above-normal temperatures becoming more prominent across the South. Meanwhile, briefly cooler conditions will overspread areas from the Pacific Coast to the upper Midwest. During the mid- to late-week period, a developing storm system will produce widespread rain from the south-central U.S. into the East. Five-day precipitation totals could reach 1 to 2 inches or more from the mid-South into the Ohio Valley. Similar totals can also be expected in parts of the Northeast. Elsewhere, dry weather will prevail through week’s end from California into the Southwest, while occasional showers will continue...
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  According to the USDA, U.S. corn and soybean stocks on March 1st were up sharply on the year. The quarterly usage rates do indicate strong corn and soybean demand, but that was mostly canceled out by record production in 2014. Corn stocks in all positions came out at 7.745 billion bushels, 11% larger than a year ago and above what analysts were expecting. From December 2014 to February 2015, the indicated disappearance was 3.47 billion bushels, compared to 3.44 billion during the same period a year ago. On farm stocks were up 13% at 4.380 billion bushels and...
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A day of mixed emotions for European dairy producers on Tuesday.  After more than 30 years, EU milk production quotas end at midnight.  Some welcome the opportunity to modernize, expand and better compete on the global market.  Others oppose the move fearing it will result in a rapid growth in milk production in a market already facing oversupply. Under the quota system, producers were limited in the amount of milk they could produce facing stiff penalties for exceeding the quota.  There are reports that a number of dairy producers have been withholding milk from the market for the past few days...
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It is a typical Tuesday in cattle country with bids and asking prices still not well defined. A few showlists have been priced around 167.00 to 168.00 in the South and 266.00 to 268.00 in the North. Significant business will probably be delayed until the second half of the week. Boxed beef cutout values are significantly higher in the morning report. Choice beef 254.50 up 2.80, select 250.78 up 3.16. Feeder cattle receipts at the Oklahoma National Stockyards on Monday totaled 9,700 head. Compared to last week, feeder steers and heifers were mostly steady. Steer and heifer calves were firm...
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Ag News - Rural Issues

Following the release of USDA Quarterly Hogs and Pigs Report on Friday, September 26th, the National Pork Board hosted a tele-conference for the ag media featuring three ag economists and their reactions to the report. The panel included Dr. Ron Plain, Professor of Agricultural Economics, University of Missouri; Daniel Bluntzer, Director of...Read the full story... »     
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Iowa farmland values fell about three-and-a-half percent over the past six months and are down nearly nine percent in the past year. That’s according to the latest survey of land values conducted by the Iowa Chapter of Realtors Land Institute.  The group’s chairman, Kyle Hansen with Hertz Farm Management, says the drop is not surprising given...Read the full story... »     
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Iowa Farm Bureau president Craig Hill is encouraging farmers to submit comments on the EPA’s “Waters of the U.S.” rule. Hill says the EPA’s new interpretation of the Clean Water Act would give the federal government jurisdiction over essentially all farmland in the state of Iowa. AUDIO: Craig Hill (5:47 MP3) Link to Iowa Farm...Read the full story... »     
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At the Iowa Pork Congress on Wednesday, attendees received an update on the Porcine Epidemic Diarrhea Virus (PEDv). One of the presenters was Dr. Rodney “Butch” Baker with the Iowa State University Veterinary Diagnostic Lab.   In this interview with Brownfield, Dr. Baker says there are signs that the spread of virus may be slowing down....Read the full story... »     
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